CBS Corp. Company Profile (NYSE:CBS)

About CBS Corp.

CBS Corp. logoCBS Corporation is a mass media company. The Company's segments include Entertainment, Cable Networks, Publishing and Local Broadcasting. Its Entertainment segment is composed of the CBS Television Network; CBS Television Studios; CBS Global Distribution Group (composed of CBS Studios International and CBS Television Distribution); CBS Interactive, and CBS Films. The Company's Cable Networks segment is composed of Showtime Networks; CBS Sports Network, and Smithsonian Networks. The Publishing segment is composed of Simon & Schuster, which publishes and distributes consumer books under imprints, such as Simon & Schuster, Pocket Books, Scribner, Gallery Books, Touchstone and Atria Books. The Local Broadcasting segment is composed of CBS Television Stations, its approximately 30 owned broadcast television stations, and CBS Radio, through which it owns and operates radio stations in the United States markets. It operates businesses, which span the media and entertainment industries.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Entertainment - Diversified
  • Sub-Industry: Broadcasting
  • Exchange: NYSE
  • Symbol: CBS
  • CUSIP: 12485720
Key Metrics:
  • Previous Close: $52.05
  • 50 Day Moving Average: $51.797
  • 200 Day Moving Average: $53.717
  • 52-Week Range: $38.76 - $58.22
  • Trailing P/E Ratio: 15.948
  • Foreward P/E Ratio: 12.31
  • P/E Growth: 0.740
  • Market Cap: $23.97B
  • Outstanding Shares: 444,601,000
  • Beta: 1.89
Profitability:
  • Net Margins: 11.07%
  • Return on Equity: 31.53%
  • Return on Assets: 7.43%
Debt:
  • Debt-to-Equity Ratio: 1.53%
  • Current Ratio: 1.65%
  • Quick Ratio: 1.25%
Additional Links:
Companies Related to CBS Corp.:

Analyst Ratings

Consensus Ratings for CBS Corp. (NYSE:CBS) (?)
Ratings Breakdown: 4 Hold Ratings, 24 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $62.44 (15.30% upside)
Analysts' Ratings History for CBS Corp. (NYSE:CBS)
Show:
DateFirmActionRatingPrice TargetDetails
9/22/2016Telsey Advisory GroupDowngradeOutperform -> Market Perform$67.00 -> $57.00View Rating Details
9/20/2016Brean CapitalSet Price TargetBuy$65.00View Rating Details
9/12/2016Jefferies GroupReiterated RatingBuyView Rating Details
9/6/2016Drexel HamiltonInitiated CoverageBuy$65.00View Rating Details
9/3/2016GuggenheimReiterated RatingBuy$63.00View Rating Details
7/31/2016BMO Capital MarketsReiterated RatingOutperform$63.00View Rating Details
7/29/2016Credit Suisse Group AGReiterated RatingBuy$75.00View Rating Details
7/29/2016Deutsche Bank AGBoost Price TargetBuy$65.00 -> $68.00View Rating Details
7/24/2016Pivotal ResearchReiterated RatingBuyView Rating Details
7/11/2016Wells Fargo & Co.DowngradeBuyView Rating Details
7/2/2016Needham & Company LLCReiterated RatingBuy$65.00View Rating Details
6/30/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
6/29/2016Morgan StanleyReiterated RatingOverweightView Rating Details
6/17/2016Sanford C. BernsteinReiterated RatingMarket PerformView Rating Details
5/22/2016Pacific CrestReiterated RatingHoldView Rating Details
5/5/2016Bank of America Corp.Reiterated RatingBuy$65.00View Rating Details
5/4/2016Piper Jaffray Cos.Reiterated RatingBuy$60.00 -> $65.00View Rating Details
5/4/2016Royal Bank Of CanadaReiterated RatingOutperform$68.00 -> $70.00View Rating Details
5/4/2016WedbushReiterated RatingOutperform$63.00 -> $65.00View Rating Details
5/4/2016FBR & CoReiterated RatingOutperform$66.00 -> $68.00View Rating Details
5/4/2016Topeka Capital MarketsBoost Price TargetBuy$64.00 -> $66.00View Rating Details
5/3/2016Benchmark Co.Boost Price TargetBuy$56.00 -> $65.00View Rating Details
4/17/2016Barclays PLCReiterated RatingEqual Weight$51.00View Rating Details
4/12/2016Moffett NathansonBoost Price Target$56.00View Rating Details
4/8/2016NomuraBoost Price TargetBuy$60.00 -> $66.00View Rating Details
3/31/2016Barrington ResearchReiterated RatingOutperform$61.00 -> $65.00View Rating Details
3/24/2016ArgusReiterated RatingBuyView Rating Details
3/16/2016Stifel NicolausBoost Price TargetBuy$54.00 -> $60.00View Rating Details
2/18/2016Cowen and CompanyLower Price TargetOutperform$61.00 -> $59.00View Rating Details
9/26/2015MacquarieReiterated RatingBuy$55.00View Rating Details
7/10/2015Northland SecuritiesReiterated RatingBuy$83.00View Rating Details
3/20/2015Citigroup Inc.Reiterated RatingBuy$60.00 -> $72.00View Rating Details
2/18/2015Rosenblatt SecuritiesInitiated CoverageNeutral$60.00View Rating Details
2/17/2015S&P Equity ResearchReiterated RatingStrong-BuyView Rating Details
1/22/2015Societe GeneraleInitiated CoverageHoldView Rating Details
11/18/2014Atlantic SecuritiesDowngradeOverweight -> Neutral$58.00View Rating Details
10/2/2014ING GroupReiterated RatingBuy$80.00 -> $70.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for CBS Corp. (NYSE:CBS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
7/28/2016Q216$0.86$0.93$3.21 billion$3.29 billionViewListenView Earnings Details
5/3/2016Q116$0.94$1.02$3.50 billion$3.85 billionViewListenView Earnings Details
2/11/2016Q415$0.92$0.92$15.77 billion$3.91 billionViewListenView Earnings Details
11/3/2015Q315$0.80$0.88$15.77 million$3.26 billionViewListenView Earnings Details
8/5/2015Q215$0.72$0.74$15.77 billion$3.20 billionViewListenView Earnings Details
5/7/2015Q115$0.75$0.78$3.57 billion$3.50 billionViewListenView Earnings Details
2/12/2015Q414$0.76$0.77$3.65 billion$3.68 billionViewListenView Earnings Details
11/5/2014Q314$0.72$0.74$3.32 billion$3.37 billionViewListenView Earnings Details
8/7/2014Q214$0.72$0.78$3.24 billion$3.19 billionViewListenView Earnings Details
5/8/2014Q114$0.75$0.78$4.04 million$3.86 millionViewListenView Earnings Details
2/12/2014Q413$0.76$0.78$3.52 billion$3.91 billionViewListenView Earnings Details
11/6/2013Q313$0.77$0.76$3.47 billion$3.30 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.72$0.76$3.52 billion$3.70 billionViewListenView Earnings Details
5/1/2013Q1 2013$0.67$0.73$4.01 billion$4.04 billionViewListenView Earnings Details
2/14/2013Q4 2012$0.69$0.64$3.85 billion$3.70 billionViewListenView Earnings Details
11/7/2012Q312$0.61$0.65$3.49 billion$3.42 billionViewN/AView Earnings Details
8/2/2012$0.59$0.65ViewN/AView Earnings Details
5/1/2012$0.43$0.54ViewN/AView Earnings Details
2/15/2012$0.53$0.57ViewN/AView Earnings Details
11/3/2011$0.46$0.50ViewN/AView Earnings Details
8/2/2011$0.45$0.58ViewN/AView Earnings Details
5/3/2011$0.19$0.29ViewN/AView Earnings Details
2/16/2011$0.44$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CBS Corp. (NYSE:CBS)
Current Year EPS Consensus Estimate: $3.09 EPS
Next Year EPS Consensus Estimate: $4.40 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.93$0.96$0.95
Q2 20165$0.83$0.95$0.87
Q3 20164$0.98$1.04$1.00
Q4 20164$1.16$1.18$1.17
Q1 20173$0.83$1.22$1.02
Q2 20173$0.98$1.11$1.05
Q3 20173$1.13$1.29$1.19
Q4 20173$1.21$1.28$1.25
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CBS Corp. (NYSE:CBS)
Annual Dividend:$0.72
Dividend Yield:1.33%
Dividend Growth:12.60% (3 Year Average)
Payout Ratio:21.30% (Based on Trailing 12 Months of Earnings)
23.30% (Based on Current Year Consensus EPS Estimate)
16.36% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth
Dividend History for CBS Corp. (NYSE:CBS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2016Quarterly$0.189/7/20169/9/201610/1/2016
5/27/2016quarterly$0.151.09%6/8/20166/10/20167/1/2016
1/29/2016quarterly$0.151.26%3/9/20163/11/20164/1/2016
11/25/2015quarterly$0.151.18%12/9/201512/11/20151/1/2016
7/29/2015quarterly$0.151.14%9/8/20159/10/201510/1/2015
5/22/2015quarterly$0.150.97%6/8/20156/10/20157/1/2015
2/2/2015quarterly$0.151.08%3/9/20153/11/20154/1/2015
11/26/2014quarterly$0.151.11%12/9/201412/11/20141/1/2015
8/11/2014quarterly$0.151%9/8/20149/10/201410/1/2014
5/23/2014quarterly$0.120.79%6/6/20146/10/20147/1/2014
1/30/2014quarterly$0.120.81%3/7/20143/11/20144/1/2014
11/26/2013quarterly$0.120.82%12/6/201312/11/20131/1/2014
7/26/2013quarterly$0.120.9%9/6/20139/10/201310/1/2013
5/24/2013quarterly$0.120.95%6/6/20136/10/20137/1/2013
1/29/2013quarterly$0.121.14%3/7/20133/11/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CBS Corp. (NYSE:CBS)
Insider Ownership Percentage: 1.67%
Institutional Ownership Percentage: 76.78%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/1/2016Joseph R IannielloCOOSell33,975$50.00$1,698,750.00View SEC Filing  
5/22/2015Joseph A CalifanoDirectorSell5,093$61.64$313,932.52View SEC Filing  
5/11/2015Angeline C StrakaEVPSell296$60.62$17,943.52View SEC Filing  
4/6/2015Leslie MoonvesCEOSell255,000$61.23$15,613,650.00View SEC Filing  
3/9/2015Joseph R IannielloCOOSell28,000$60.22$1,686,160.00View SEC Filing  
2/23/2015Joseph R IannielloCOOSell28,000$59.53$1,666,840.00View SEC Filing  
2/17/2015Anthony G AmbrosioEVPSell26,450$60.01$1,587,264.50View SEC Filing  
12/23/2014Bruce S GordonDirectorSell28,013$55.97$1,567,887.61View SEC Filing  
10/8/2014Leslie MoonvesCEOSell281,250$52.17$14,672,812.50View SEC Filing  
9/8/2014Leslie MoonvesCEOSell281,250$59.05$16,607,812.50View SEC Filing  
9/5/2014Leslie MoonvesCEOSell281,250$59.05$16,607,812.50View SEC Filing  
8/14/2014Leslie MoonvesCEOSell93,750$59.36$5,565,000.00View SEC Filing  
8/13/2014Leslie MoonvesCEOSell93,750$59.12$5,542,500.00View SEC Filing  
8/11/2014Anthony G AmbrosioEVPSell14,000$60.13$841,820.00View SEC Filing  
7/15/2014Gil D SchwartzEVPSell7,188$59.88$430,417.44View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for CBS Corp. (NYSE:CBS)
DateHeadline
News IconReport: Parent Company of Viacom and CBS Corp. Will Call for a Merger of the Two Companies (NYSE:CBS)
www.tvweek.com - September 28 at 3:57 PM
reuters.com logoRedstone's National Amusements to call on CBS, Viacom to explore merger -sources (NYSE:CBS)
in.reuters.com - September 28 at 3:57 PM
News IconCBS Corporation Announces $1.46 Billion Debt Financing As Part Of CBS Radio Spinoff (NYSE:CBS)
www.allaccess.com - September 28 at 3:57 PM
News IconNational Amusements Prepares Call For Viacom-CBS Merger: Report (NYSE:CBS)
deadline.com - September 28 at 3:57 PM
blogs.barrons.com logoViacom & CBS: Merger Time…Maybe (NYSE:CBS)
blogs.barrons.com - September 28 at 3:57 PM
News IconViacom-CBS Parent Company to Call for Merger (Report) (NYSE:CBS)
www.sfgate.com - September 28 at 3:57 PM
News IconNational Amusements Pushes CBS-Viacom Merger Plan (NYSE:CBS)
www.hollywoodreporter.com - September 28 at 3:57 PM
reuters.com logoExclusive: Redstone's NAI to call on CBS, Viacom to explore merger -sources (NYSE:CBS)
www.reuters.com - September 28 at 3:57 PM
finance.yahoo.com logo12:56 pm CBS to offer $460 million of senior unsecured notes and to enter into a $1 billion senior secured term loan (NYSE:CBS)
finance.yahoo.com - September 28 at 3:57 PM
thestreet.com logoNomura Analyst DiClemente Says Les Moonves Won't Be Forced Into a CBS, Viacom (VIAB) Merger (NYSE:CBS)
www.thestreet.com - September 28 at 3:57 PM
publicnow.com logoCBS CORPORATION ANNOUNCES PROPOSED $1.46 BILLION DEBT FINANCING BY CBS RADIO INC. IN CONNECTION WITH THE SEPARATION OF THE CBS RADIO BUSINESS (NYSE:CBS)
www.publicnow.com - September 28 at 3:57 PM
finance.yahoo.com logoNat't Amusements wants CBS, Viacom to have merger talks (NYSE:CBS)
finance.yahoo.com - September 28 at 3:57 PM
marketwatch.com logoViacom and CBS could consider merging, at request of Redstone family (NYSE:CBS)
www.marketwatch.com - September 28 at 3:57 PM
thestreet.com logoAs Redstones Call for CBS-Viacom Merger, Questions Linger on Structure of Would-be Deal (NYSE:CBS)
www.thestreet.com - September 28 at 3:57 PM
investopedia.com logoCBS-Viacom Rumors Cause Stocks to Rise (VIA) (NYSE:CBS)
www.investopedia.com - September 28 at 3:56 PM
feeds.reuters.com logoExclusive: Redstone's NAI to call on CBS, Viacom to explore merger - sources (NYSE:CBS)
feeds.reuters.com - September 28 at 12:30 PM
News IconPros Don't Lie: Bedell Frazier Investment Counseling LLC Has Cut Its Position in Cbs Corp New (CBS) as Market ... - Post News (NYSE:CBS)
www.kentuckypostnews.com - September 28 at 8:52 AM
News Icon'Bull,' 'Designated Survivor' have promising ratings starts - Washington Post (NYSE:CBS)
www.washingtonpost.com - September 28 at 8:52 AM
News IconSigning off: CBS is getting out of the radio business — is this finally the end of the medium? - Salon (NYSE:CBS)
www.salon.com - September 27 at 4:02 PM
News Icon'Bull,' 'Designated Survivor' have promising ratings starts - The Seattle Times (NYSE:CBS)
www.seattletimes.com - September 27 at 4:02 PM
sg.finance.yahoo.com logo'Bull,' 'Designated Survivor' have promising ratings starts (NYSE:CBS)
sg.finance.yahoo.com - September 27 at 4:02 PM
barrons.com logoCBS Corp. Cl B - Barron's (NYSE:CBS)
www.barrons.com - September 27 at 8:39 AM
News IconIs CBS Corporation(NYSE: CBS), a large market cap stock a smart buy? - The Daily Leicester (NYSE:CBS)
thedailyleicester.com - September 26 at 4:18 PM
benzinga.com logoViacom Inc. (NASDAQ:VIAB), CBS Corporation (NYSE:CBS ... - Benzinga (NYSE:CBS)
www.benzinga.com - September 26 at 4:18 PM
finance.yahoo.com logoDefending the TV bundle (NYSE:CBS)
finance.yahoo.com - September 26 at 4:18 PM
forbes.com logo#BoycotNFL Appears To Be Hurting NFL TV Ratings (NYSE:CBS)
www.forbes.com - September 26 at 4:18 PM
News IconCharles Osgood tribute: Stephen Colbert, James Corden, Les Moonves (NYSE:CBS)
www.cbsnews.com - September 26 at 8:51 AM
News IconReport: CBS Set To Take On $1.5 Billion In Debt Ahead Of CBS Radio IPO (NYSE:CBS)
www.allaccess.com - September 26 at 8:51 AM
feeds.reuters.com logoCBS shares could get boost from Viacom deal - Barron's (NYSE:CBS)
feeds.reuters.com - September 25 at 7:54 PM
reuters.com logoCBS Radio plans $1.5 billion debt offering ahead of IPO: sources ... - Reuters (NYSE:CBS)
www.reuters.com - September 24 at 8:21 AM
feeds.reuters.com logoCBS Radio plans $1.5 bln debt offering ahead of IPO -sources (NYSE:CBS)
feeds.reuters.com - September 23 at 5:36 PM
marketrealist.com logoCan FOXA’s Hulu Partnership Make an Attractive Showing? (NYSE:CBS)
marketrealist.com - September 23 at 3:31 PM
investors.com logoCBS and Viacom downgraded (NYSE:CBS)
www.proactiveinvestors.com - September 23 at 9:15 AM
finance.yahoo.com logoMedia buzz...CBS eyes Viacom? (NYSE:CBS)
finance.yahoo.com - September 23 at 9:15 AM
News IconViacom Shakeup: Focus on Internal CEO Candidates Indicates CBS Reunion Is Long-Term Goal (NYSE:CBS)
www.yahoo.com - September 22 at 4:15 PM
fool.com logoNBC Grew This Part of Its Business From $0 to $800 Million in 6 Years (NYSE:CBS)
www.fool.com - September 22 at 4:15 PM
fool.com logoNBC Grew This Part of Its Business From $0 to $800 Million in 6 Years (NYSE:CBS)
www.fool.com - September 22 at 4:15 PM
finance.yahoo.com logoNiles: Sold out of CBS (NYSE:CBS)
finance.yahoo.com - September 22 at 4:15 PM
finance.yahoo.com logoNiles: Sold out of CBS (NYSE:CBS)
finance.yahoo.com - September 22 at 4:15 PM
moodys.com logoNAI Entertainment Holdings LLC -- Moody's says Viacom's 50% Dividend Cut is Credit Negative for NAI but does not impact ratings (NYSE:CBS)
www.moodys.com - September 22 at 4:15 PM
moodys.com logoNAI Entertainment Holdings LLC -- Moody's says Viacom's 50% Dividend Cut is Credit Negative for NAI but does not impact ratings (NYSE:CBS)
www.moodys.com - September 22 at 4:15 PM
News IconViacom Shakeup: Focus on Internal CEO Candidates Indicates CBS Reunion Is Long-Term Goal - Variety (NYSE:CBS)
variety.com - September 22 at 9:45 AM
seekingalpha.com logoCBS Corporation's (CBS) CEO Les Moonves Presents at Goldman ... - Seeking Alpha (NYSE:CBS)
seekingalpha.com - September 22 at 9:45 AM
investopedia.com logoTwitter To Livestream Presidential Debates (TWTR, CBS) (NYSE:CBS)
www.investopedia.com - September 21 at 4:46 PM
News IconLeading stocks in today’s market: CBS Corporation (NYSE:CBS) (NYSE:CBS)
twincountynews.com - September 21 at 4:46 PM
seekingalpha.com logoCBS Corporation's (CBS) CEO Les Moonves Presents at Goldman Sachs Communacopia Conference (Transcript) (NYSE:CBS)
seekingalpha.com - September 21 at 4:46 PM
News IconCBS corp - CBS radio = $3.4 billion (NYSE:CBS)
www.futuresmag.com - September 21 at 4:46 PM
sg.finance.yahoo.com logoInterim Viacom CEO to leave, dividend slashed (NYSE:CBS)
sg.finance.yahoo.com - September 21 at 4:46 PM
feeds.benzinga.com logoCBS, NBC Start Season Strong With 'Kevin Can Wait' And 'The Good Place' (NYSE:CBS)
feeds.benzinga.com - September 21 at 9:25 AM
News IconU.S. broadcaster shares fall after Sinclair warns on political ad spending (NYSE:CBS)
www.stltoday.com - September 21 at 8:06 AM

Social

CBS Corp. (NYSE:CBS) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff